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| Provider | Service type | Compensation |
|---|---|---|
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN Service code 10 27400 NORTHWESTERN HWY · SOUTHFIELD, MI 48037 | Accounting | $12,700 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $5,923 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,188 | $62,928-44.1% | $172,752-79.6% | $67,579-47.9% |
| Participation rate | 96.9% | 64.5%+32.5pp | 82.6%+14.3pp | 71.3%+25.7pp |
| Annual return | 5.26% | 30.36%-25.1pp | 802.97%-797.7pp | 378.56%-373.3pp |
| Employer contribution / active EE | $1,997 | $1,636+22.0% | $5,144-61.2% | $2,148-7.0% |
| Participant deferral / active EE | $1,593 | $2,145-25.7% | $5,198-69.3% | $3,539-55.0% |
| Admin fee / account holder | $34 | $167-79.3% | $13,955-99.8% | $142-75.8% |